SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s…

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ACADIA Q1 2026 slides: revenue rises 11% despite earnings miss

ACADIA Q1 2026 slides: revenue rises 11% despite earnings miss

Introduction & Market Context ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) presented its first quarter 2026 financial results on May 6, 2026, revealing a complex picture of commercial momentum offset by near-term profitability challenges. While the company delivered 11% year-over-year revenue growth to $268.1 million, earnings per share of $0.02 fell significantly short of the $0.05 analyst forecast,…

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Berkshire-owned distribution giant to deploy driverless big rigs across U.S. Sun Belt

Berkshire-owned distribution giant to deploy driverless big rigs across U.S. Sun Belt

Berkshire Hathaway’s McLane started a pilot program with autonomous trucking company Aurora Innovation in 2023 which now runs two round-trips daily between Dallas and Houston, seven days a week. McLane is now planning new autonomous freight routes between its distribution centers and restaurants across the U.S. Sun Belt by year-end, and has plans to cover…

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KeyBanc reiterates Shopify stock Overweight on AI opportunity

KeyBanc reiterates Shopify stock Overweight on AI opportunity

Investing.com – KeyBanc reiterated an Overweight rating on Shopify Inc. (NASDAQ:SHOP) with a $160.00 price target. Trading at $107.63, the stock appears undervalued according to InvestingPro analysis, which could support the analyst’s bullish stance. The firm said Shopify’s first-quarter results showed AI is creating more opportunities for merchants on the platform. KeyBanc noted the company…

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In the global AI race, a sanctioned Chinese firm says cheaper models can still win

In the global AI race, a sanctioned Chinese firm says cheaper models can still win

China’s artificial intelligence race has no finish line. DeepSeek, Moonshot AI, Alibaba and even consumer electronics firm Xiaomi have all dropped new models in recent weeks, jostling for position on leaderboards. From native AI startups to platform giants, companies across the sector face growing pressure to innovate, expand their user base and find paths to…

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Berkshire Hathaway, Warren Buffett sell 2.8 million DaVita shares

Berkshire Hathaway, Warren Buffett sell $182.8 million DaVita shares

OMAHA – and its controlling stockholder, Warren E. Buffett, reported the sale of a significant block of DaVita Inc. (NASDAQ:DVA) common stock. The transaction, which occurred on May 1, 2026, involved the disposition of 1,220,376 shares, totaling approximately $182.8 million. The shares were sold at a price of $149.8429 per share. Following this transaction, Berkshire…

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